On November 24, the deadline set by the High Court of England for voluntary compliance with the decision of November 10, 2025, according to which Ihor Kolomoiskyi and Hennadii Boholiubov are obliged to pay PrivatBank over USD 3 billion to compensate for losses and interest accrued before the decision was made, expired.
This was announced by the press service of PrivatBank, Ukrainian News Agency reports.
It is noted that as of today, the defendants have not made any payments to compensate PrivatBank for losses determined by the court decision.
Given that the motion for a general stay of execution of the decision was rejected by the court, the decision is subject to immediate enforcement.
The decision of the High Court of England can be enforced not only in the United Kingdom, but also in other jurisdictions in accordance with the relevant national legislation of the countries.
The bank is preparing to initiate proceedings to recognize and enforce this decision in a number of jurisdictions outside the UK, including in Ukraine, where the defendants own assets.
"The bank has the experience and resources necessary to use all available legal enforcement mechanisms - regardless of the complexity of the asset ownership structure. Enforcement will be a rather lengthy and complex process. PrivatBank will continue to take all necessary measures to ensure the full implementation of the court decision - including through cross-border collection mechanisms. The bank confirms its determination to achieve justice and compensation for the losses incurred in the interests of customers, the shareholder and all citizens of Ukraine," the bank concluded.
As Ukrainian News Agency earlier reported, on October 15, 2019, state-owned PrivatBank won a victory at the Court of Appeal in London in a dispute with former owners Ihor Kolomoiskyi and Hennadii Boholiubov.
The Cabinet of Ministers adopted a decision on the state's participation in the capital of PrivatBank on December 18, 2016.
The transfer of PrivatBank to state ownership took place in accordance with Article 411 of the Law "On the Deposit Guarantee System of Individuals".
This decision helped to avoid systemic risks for the banking sector and became a guarantee of maintaining financial stability in the country.
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